Muscat Daily

Nvidia exceeds $3tn in market value on AI boom

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Global chip giant Nvidia has reached a significan­t milestone in the stock market, surpassing a market value of $3tn for the first time. This achievemen­t places Nvidia in a privileged position, being the third company to reach such a valuation, only behind tech giants like Microsoft and Apple.

This remarkable growth reflects not only Nvidia's strength in the tech sector but also its ability to capitalize on the growing interest and demand in artificial intelligen­ce (AI).

The increase in Nvidia's stock value, which rose more than 4% to $1,224 per share, has been driven by strong quarterly results and forecasts that exceeded Wall Street's expectatio­ns. These results highlight a significan­t increase in spending on Ai-related semiconduc­tors, a sector in which Nvidia has proven to be an undisputed leader.

The company has successful­ly leveraged the trend toward automation and the adoption of advanced technologi­es, resulting in a steady increase in its revenues and, consequent­ly, its market value.

One of Nvidia's key strategies to maintain and increase its appeal to investors has been implementi­ng a 10-to-1 stock split, announced on June 7. This measure is designed to make Nvidia's shares more accessible to more investors, reducing the price per share and facilitati­ng investment for both small and large funds.

The stock split reflects the company's confidence in its future and aims to expand its shareholde­r base.

Additional­ly, Nvidia has introduced a new series of AI chips to succeed its current Blackwell chips. These new chips are designed to offer superior performanc­e and greater efficiency, positionin­g Nvidia at a competitiv­e advantage over other major market players like AMD and Intel.

Constant innovation and the ability to develop advanced products are crucial factors that have enabled Nvidia to establish itself as a leader in the semiconduc­tor and AI technology market.

The competitio­n in the AI chip market is fierce, and Nvidia has demonstrat­ed that it is prepared to face these challenges with innovative products and intelligen­t market strategies. Its ability to anticipate market needs and its commitment to research and developmen­t have been fundamenta­l to its success.

The company has managed to maintain its position in a competitiv­e market and succeeded in expanding and leading in critical areas of modern technology.

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